List debts by type, APR, balance, and monthly payment to estimate payoff duration, total repaid, and interest cost.
Add debts such as credit cards, loans, overdrafts, or finance agreements and estimate how long repayment could take based on the monthly payment entered.
A worked example. Replace the balances with your own — nothing is stored and nothing leaves the page.
This is not debt advice and it does not tell you which debt to repay. It reports what each balance costs in interest, using the figures you enter. Which debt to tackle, in what order, and whether repayment is the right step at all depends on things this page cannot see. Free, regulated advice is available from MoneyHelper and StepChange.
On the worked example below, Car finance costs the most at £71 this month. Add your own balances to replace it — nothing is stored and nothing leaves the page.
| Tax/source year | 2026/27 |
|---|---|
| Region | England/Wales/Northern Ireland |
| Tax code basis | 1257L where the page uses PAYE defaults |
| Pension basis | No pension deduction unless this example says otherwise |
| Student loan basis | No student loan unless selected in this example |
| Deposit and debts | Deposit size, existing credit commitments, childcare and other bills can matter as much as gross income. |
|---|---|
| Rate and term | Interest rate, term, fees and lender policy can change the repayment pressure. |
| Can I compare this with take-home pay? | take-home comparison |
|---|---|
| How would bills affect affordability pressure? | budget pressure |
| What is not decided here | PayBreakdown does not decide payroll correctness, lender approval, benefit entitlement or employer compliance, and does not give regulated financial, mortgage, debt, tax, payroll or legal advice. |
|---|
The figures on this page are worked from debts, using the values below. Open the calculator if your example salary differs.
This estimate is worked out on £35,000 annual gross. Interest rate, term, fees, deposit and the credit commitments you already have all move the result, and a lender applies its own affordability policy and credit checks on top. Treat the number as a way to see whether a repayment looks comfortable or stretched, not as an offer — and read it against your real bills, savings and any income change you expect. See how each deduction is worked out.
No. It uses the APR entered for each debt as a planning assumption.
Yes. Add each debt separately to estimate the combined monthly payment, payoff duration, and interest.
Last updated 2026-08-27. Checked by Sean Elsmore. Rates last checked against GOV.UK on 2026-08-07. Estimates are for planning and should be checked against official records where the decision matters.